Regardless of dealing with one of many largest corrections in its historical past, the cryptocurrency market cap grew by nearly 13% within the fourth quarter of 2021. For the entire yr, the market capitalization of digital currencies jumped by roughly 185%.
General, the market cap of crypto property is almost equal to the GDP of India. In response to a latest crypto market overview report printed by digital trade EXMO, buying and selling volumes throughout the market climbed by 13% throughout This fall of 2021. As well as, cryptocurrency volatility elevated barely in the course of the newest three months.
As compared with massive public firms, the crypto market cap at present stands on the quantity 3 spot, simply behind Apple and Microsoft. In This fall of 2021, BTC’s market dominance decreased by 3% to 40%. ETH noticed a bounce in its market dominance because the quantity reached 20.1%, in comparison with 18.5% in Q3 of 2021.
“On the finish of the fourth quarter, the cryptocurrency market cap was simply 5.4% of the S&P’s 500 complete market cap. In the case of gold, the crypto market cap equaled 19% of gold’s market cap, which is 2% greater in comparison with the earlier quarter. The crypto market considerably surpassed the silver market by 67% when it comes to market cap – an 8% improve in contrast with the third quarter,” EXMO famous.
Shiba Inu (SHIB)
Moreover, EXMO’s report highlighted the efficiency of main cryptocurrencies within the latest quarter. SHIB generated the best return on funding (ROI) in the course of the newest quarter, an astonishing return of 368%. Among the many prime 5 digital currencies, Ethereum remained one of the best performing digital asset with beneficial properties of 21% in This fall.
“Nearly a 3rd of all BTC trades (30.3%) had been carried out at a value between $61,000 and $64,000, which is a comparatively small value vary. On the similar time, bitcoin’s value remained above $61,000 for about half 1 / 4,” EXMO added within the report.
Regardless of dealing with one of many largest corrections in its historical past, the cryptocurrency market cap grew by nearly 13% within the fourth quarter of 2021. For the entire yr, the market capitalization of digital currencies jumped by roughly 185%.
General, the market cap of crypto property is almost equal to the GDP of India. In response to a latest crypto market overview report printed by digital trade EXMO, buying and selling volumes throughout the market climbed by 13% throughout This fall of 2021. As well as, cryptocurrency volatility elevated barely in the course of the newest three months.
As compared with massive public firms, the crypto market cap at present stands on the quantity 3 spot, simply behind Apple and Microsoft. In This fall of 2021, BTC’s market dominance decreased by 3% to 40%. ETH noticed a bounce in its market dominance because the quantity reached 20.1%, in comparison with 18.5% in Q3 of 2021.
“On the finish of the fourth quarter, the cryptocurrency market cap was simply 5.4% of the S&P’s 500 complete market cap. In the case of gold, the crypto market cap equaled 19% of gold’s market cap, which is 2% greater in comparison with the earlier quarter. The crypto market considerably surpassed the silver market by 67% when it comes to market cap – an 8% improve in contrast with the third quarter,” EXMO famous.
Shiba Inu (SHIB)
Moreover, EXMO’s report highlighted the efficiency of main cryptocurrencies within the latest quarter. SHIB generated the best return on funding (ROI) in the course of the newest quarter, an astonishing return of 368%. Among the many prime 5 digital currencies, Ethereum remained one of the best performing digital asset with beneficial properties of 21% in This fall.
“Nearly a 3rd of all BTC trades (30.3%) had been carried out at a value between $61,000 and $64,000, which is a comparatively small value vary. On the similar time, bitcoin’s value remained above $61,000 for about half 1 / 4,” EXMO added within the report.
